The total deficit of defined benefit (DB) schemes improved marginally, latest Pension Protection Fund (PPF) data reveals.
The lifeboat fund said the 5,794 DB schemes in the PPF 7800 Index had an aggregate deficit of £232.3bn on a section 179 basis at the end of May, down from £245.6bn at the end of April. Over the month...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point